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Scott Bessent: “Blue state inflation is half a percent higher.”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Bessent says inflation 'has nothing to do with tariffs' as U.S. rolls them back: Full interview

Published | Video Starts at 02:19

And I can tell you that Council and Economic Advisors has a study. You know the best way to bring your inflation rate down? Move from a blue state to a red state. Blue state inflation is half a percent higher. And that is because they they don't deregulate. They keep prices up. Energy is higher, just according to the consumer prices. Inflation was at 2.3% back in April, in September, 3%. (02:19–02:23)

CLAIM

Asserts that inflation in blue states is half a percent higher than in other states.

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